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The political economy of French industrial policymaking

Author

Listed:
  • Samuel Klebaner

    (Université Sorbonne Paris Nord, CEPN UMR 7234 CNRS)

  • Anaïs Voy-Gillis

    (Université de Poitiers, CEREGE EA 1722)

Abstract

The aim of this article is to analyse how the current design and governance of French industrial policy is impeding technical and economic change. Industrial policy needs to address the “grand challenges” such as climate change by driving radically new economic and technical development. After analysing recent trends and the various stakeholders and levels involved in industrial policymaking in France, we show how the complexity; the conflicts between targets, instruments and stakeholders and the capture of industrial policymaking lead to inertia rather than change. The participation of incumbents at every stage of the policymaking reinforces short-term business strategies rather than creating a radical new path. We consider that a multi-level industrial democracy could enable the conditions of change to ensure sustainable industrial development. This requires reviewing the roles of each stakeholder, the way that funds are allocated, and how the implementation of these public policies is monitored.

Suggested Citation

  • Samuel Klebaner & Anaïs Voy-Gillis, 2023. "The political economy of French industrial policymaking," Review of Evolutionary Political Economy, Springer, vol. 4(1), pages 49-74, April.
    • Handle: RePEc:spr:revepe:v:4:y:2023:i:1:d:10.1007_s43253-022-00089-0
    DOI: 10.1007/s43253-022-00089-0
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    Cited by:

    1. Arnaud Sergent & Andy Smith, 2024. "A meso-political economy of how climate issues impact regulation: the case of the wood industry in France," Review of Agricultural, Food and Environmental Studies, Springer, vol. 105(1), pages 125-149, August.

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    More about this item

    Keywords

    Industrial policy; France; Political economy; Capture; Industry;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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